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        <ExplanationTxt>President: Louis Hadcroft, Valtris Specialty Chemicals, Lankro Way, Eccles Manchester M30 United KingdomVice President: Dr. David Brassington, SI Group, Tenax Road, Trafford Park Manchester M17 1WT United KingdomTreasurer/Secretary: Jodi Showers, Dover Chemical, 3676 Davis Road NW, Dover, OH 44622</ExplanationTxt>
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        <ExplanationTxt>POLYMER AND POLYMER ADDITIVES COUNCIL PAID 4518 CONSULTING LLC (4518) AND/OR REGULATORY NETWORK INC. (RNI) $42,740 IN MANAGEMENT FEES FOR FISCAL YEAR 2023 based on accrual accounting. Andrew Jaques IS AN EMPLOYEE OF 4518 &amp; RNI AND ATTENDS ALL BOARD MEETINGS. WE HAVE CONSIDERED 4518 AND RNI TO FIT THE DEFINITION OF AN INDEPENDENT CONTRACTOR. No 1099-MISC or 1099-NEC is issued to 4518 or RNI since both are S Corporations and a 1099-MISC or 1099-NEC is not required.</ExplanationTxt>
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